DTN Cattle Close/Trends 05/26 15:30
26 May 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/26/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 15,827 WEEK T0 DATE: 15,986 STEERS 8,561 122.00-125.00 122.00-125.00 124.90 HEIFERS 5,578 123.00-125.00 123.00-125.00 124.95 NEBRASKA CONFIRMED CASH SALES - TODAY: 6,105 WEEK TO DATE: 16,875 STEERS 2,409 195.00-198.00 195.00-198.00 197.10 HEIFERS 873 195.00-198.00 195.00-198.00 196.58 TEXAS CONFIRMED CASH SALES - TODAY: 2,380 WEEK TO DATE: 3,881 STEERS 888 125.00-125.00 125.00-125.00 125.00 HEIFERS 1,360 122.00-125.00 122.00-125.00 124.88 COLORADO CONFIRMED CASH SALES - TODAY: 1,703 WEEK TO DATE: 1,703 STEERS 227 125.00-125.00 125.00-125.00 125.00 HEIFERS 1,283 125.00-125.00 125.00-125.00 125.00 IOWA CONFIRMED CASH SALES - TODAY: 4,644 WEEK TO DATE: 5,858 STEERS 1,662 194.00-198.00 194.00-198.00 197.27 HEIFERS 329 196.00-198.00 196.00-198.00 197.02 COMMENTS: A light to moderate trade developed in Kansas today at mostly 125.00, while a light trade took place in the rest of feedlot country, with Sales in Texas also marked at mostly 125.00. Dressed trade in the North was at Mostly 197.00. 5-AREA LV STR AVE PR&WT: $123.79(1415)Light Test / HIDE & OFFAL: $11.11 +0.04 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 192.24 179.26 61,152 BOX BASED 210.72 191.26 52,696 AVE INDEX 201.48 -1.39 185.26 -1.88 113,848 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 222.72 -0.85 203.26 -1.82 68.85 LDS CH CUTS / 51.40 LDS SEL CUTS / 10.91 LDS TRIM / 10.72 LDS GROUND BOXED BEEF TREND: Lr on lt-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/20 $213.13 +8.19 CUTTER 90% 350# UP C/O: $172.91 +0.02 NAT'L BONELESS BF TRIM: 18.58 lds / Shrply hr on gd dem & mod offers 90% TRIM: 00 WT AVG: $No Test / Generally steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 113(447) WK AGO 113(448) YR AGO 114(348) MIX: WED SH93/CB21 **** REVISION * WED 114(334) * REVISION **** WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/14/16 5,745 5,997 Week Ending: 05/07/16 6,555 7,325 Change from prev week: -810 -1,328